Housing Wire

NOVEMBER 10, 2020

Online mortgage lender Better.com revealed it raised $200 million in a series D financing that put the New York-based startup at a $4 billion valuation, according to an internal memo reviewed by Bloomberg. The post Better.com snags $200 million in series D funding for $4 billion valuation appeared first on HousingWire.

Valuation 397

Valuation Loan Officers Investors Finance 397

Appraisal Buzz

OCTOBER 4, 2021

Our goal is to develop solutions to this persistent problem, including appraisal best practices, uniform standards for automated valuation models, enhanced consumer disclosures, improved value processes, and revised fair lending exam procedures and risk assessments.”.

Valuation 370

Valuation Appraisal Contracts Finance 370

Housing Wire

SEPTEMBER 13, 2023

CAPE Analytics has unveiled a new, AI-powered , automated property condition report (aPCR) tool crafted for institutional lenders, whole loan investors, and real estate investors. The common understanding of valuation, inspection and even property value is shifting, as more and more technology-enabled alternatives are emerging.

Tools 418

Tools Valuation Inspection Investors 418

Housing Wire

JULY 19, 2024

Ascent Developer Solutions , a private mortgage lending platform, announced its launch Friday in conjunction with an equity infusion from Elliott Investment Management. Founder and CEO Robert Wasmund has a deep background in the residential construction and bridge lending industry. now known as Rithm Capital.

Construction 459

Construction Development Finance Lending 459

Housing Wire

MARCH 17, 2022

“With technology impacting all areas of our lives, it is time for participants across the mortgage ecosystem to experience an improved process that simply works better and costs less,” said Daniel Wallace, GM of Figure Lending. The post Figure and Apollo complete ownership transfer via blockchain appeared first on HousingWire.

Technology 488

Technology Valuation Lending Landlords 488

Housing Wire

DECEMBER 1, 2021

eMerge, a company that offers alternative valuation solutions, including broker price opinions (BPOs), will allow Accurate Group to increase its broker network and leverage property inspection technology, the company said. This is the second acquisition for Accurate this year.

Valuation 435

Valuation Technology Inspection Investing 435

Housing Wire

AUGUST 30, 2022

While the lending industry has traditionally seen a measured and conservative approach to technological evolution, we are finding that many “strategic” decisions are made during these relative lulls in production. We have also seen large multi-channel lenders reducing their risk footprint in wholesale and correspondent lending.

Tools 435

Tools Lending Valuation Technology 435

Housing Wire

SEPTEMBER 1, 2023

Name Job Title Company Name Aaron Kardell Vice President of Product Lone Wolf Technologies Aayaam Kapoor Vice President of Product and Agency Real Estate Webmasters Amaly Quiroz Vice President of Transaction Operations eXp Realty Amy Gorce CEO REdistribute Andrew Binkley President Constellation Real Estate Group Ankur Bansal President of HomeLight (..)

Technology 476

Technology Development Real Estate Valuation 476

Housing Wire

SEPTEMBER 11, 2020

Elsewhere in mortgage comings and goings, Chris Boyle has been named president of home lending at Roostify , bringing extensive experience in the mortgage lending ecosystem to the position. In his new role, Wierks will work on existing automated valuation and collateral risk analytics initiatives and products.

Lending 389

Lending Valuation Technology Clients 389

Housing Wire

JULY 1, 2024

Name Job Title Company Name Ali Haralson President Auction.com Amy Jo Plummer Vice President of Customer Experience Maxwell Anita Blue President LGBTQ+ Real Estate Alliance Candy Nowak Chief Credit Officer CMG Financial Cecilia Choy Chief Operating Officer ICE Mortgage Technology Cerita Battles Head of Community & Affordable Lending Chase Charis (..)

Realty 493

Realty Real Estate Chief Valuation Officer Technology 493

Housing Wire

JUNE 1, 2021

How hybrid title and valuations help increase lending efficiency. Investors who acquire and renovate older homes could claim the credit on their federal tax returns, as long as the home is sold to and occupied by an eligible buyer. HUD has also taken steps to craft a rule on the legal duty to Affirmatively Further Fair Housing.

Renovations 516

Renovations Development Investors Legal 516

Housing Wire

OCTOBER 13, 2020

End-to-end lending and services platform Finance of America Capital is the latest mortgage company to get in on the mushrooming IPO craze. billion valuation. Blackstone will own 70% of the company, which is expected to go public in the first half of 2021.

Finance 505

Finance Lending Retail Valuation 505

Housing Wire

OCTOBER 13, 2020

In a presentation to investors, the Jamie Dimon-led bank said it had originated $29 billion in residential mortgages in the third quarter, up 20% from the second quarter. billion in revenue from its home lending division in the third quarter, according to the investor presentation. billion in Q3 2019). 30 had a total of $28.5

Business 418

Business Mortgage Retail Investors 418

Housing Wire

SEPTEMBER 24, 2021

The company says it will use the funding to “aggressively” build new products for mortgage lending and banking industries, expand its US operations and scale its staff with a focus on machine learning and data science teams.

Valuation 422

Valuation Technology Lending Investors 422

Housing Wire

MARCH 15, 2021

Digital lending software provider Blend announced on Monday that it is expanding its cloud-based platform with the acquisition of Title365 from the Mr. Cooper Group for approximately $422 million, reflecting an enterprise value of $500 million. How hybrid title and valuations help increase lending efficiency.

Insurance 418

Insurance Lending Valuation Real Estate Agent 418

Housing Wire

SEPTEMBER 10, 2021

Orchard , which operates a home-buying and selling platform, announced it has raised $100 million in Series D funding at over a $1 billion valuation. Accomplice led the round with participation from repeat Orchard investors FirstMark , Revolution Growth , First American , Juxtapose and a syndicate of new investors.

Lending 435

Lending Insurance Investors Real Estate 435

Housing Wire

JULY 31, 2023

Mike Cagney’s Figure Technologies laid off 20% of its staff and plans to take its profitable lending business public next year, Bloomberg reported. Figures’ lending business hit a record $900 million in origination and generated $2.7 million in revenue, according to a letter from Cagney to investors and partners in July.

Lending 370

Lending Valuation Business Technology 370

Housing Wire

NOVEMBER 3, 2020

Broad in reach and deep in functionality, the PPE manages many core functions in mortgage lending, such as decisive product eligibility and sophisticated pricing strategies, as well as automating the rate-lock process. Support strategic decisions with risk management and MSR valuation solutions.

Valuation 418

Valuation Tools Clients Mortgage 418

Housing Wire

FEBRUARY 16, 2022

In today’s competitive real estate market, an increasing number of real estate investors are turning to private money lenders to help them close deals faster, enhance property valuations, and increase their returns. If your state requires a lending license, make sure a the lender is licensed.

Real Estate 397

Real Estate Investing Investors Renovations 397

Housing Wire

JUNE 18, 2021

All of these markets benefit from an accurate understanding of valuation and property characteristics, but the data sources that power them leave out a crucial component: property condition. HW: What are some challenges facing investors as they pertain to valuation and property characteristics?

Investors 418

Investors Real Estate Real Estate Agent Valuation 418

Housing Wire

MAY 27, 2022

In his own statement Thursday, Chopra said companies have “legal responsibilities when they let a black-box model make lending decisions.”. The CFPB has raised concerns in the past that algorithmic models perpetuate discriminatory mortgage lending practices.

Valuation 448

Valuation Law Legal Government 448

Housing Wire

AUGUST 7, 2020

Suazo has over 15 years of leadership experience in the mortgage lending space with firms including Stearns Lending , Bank of America , Carrington Holding Company and CloudVirga. Valuation technology company Valligent Technologies has named Walter Allen as its executive vice president of digital transformation.

Technology 385

Technology Law Lending Legal 385

Housing Wire

AUGUST 17, 2022

Struggling digital mortgage lender Better.com is teaming up with secretive big data firm Palantir to create a proprietary loan platform that is says will enable Fannie Mae , Freddie Mac and mortgage investors to make “richer and deeper data-driven mortgage capital allocation decisions.”.

Investors 448

Investors Valuation Brokerage Mortgage 448

Housing Wire

JULY 29, 2021

Economists and investors are closely monitoring any indication from the Federal Reserve that it may begin tapering of mortgage backed securities and bond purchases. How fine-tuning MSR valuations can help lenders improve decision-making. Presented by: Black Knight.

Mortgage 448

Mortgage Valuation Investors Housing Market 448

Housing Wire

JANUARY 22, 2021

It officially merged on Thursday with special purpose acquisition company Gores Holdings IV , giving the combined company a valuation of $16.1 “I’m going to be extraordinarily focused times 10 on wholesale mortgage lending,” said Mat Ishbia, whose father Jeffrey founded the company in 1986. Presented by: Black Knight.

Mortgage 525

Mortgage Technology Investors Business 525

Housing Wire

AUGUST 5, 2021

Economists and investors are waiting for any indication that the Federal Reserve may begin tapering its asset purchases. How fine-tuning MSR valuations can help lenders improve decision-making. Mortgage rates have stayed stubbornly low, barely exceeding 3%, defying predictions that 2021 would bring a return to higher levels.

Mortgage 529

Mortgage Valuation Housing Market Renovations 529

Housing Wire

JANUARY 28, 2021

Separate to the Homepoint IPO, Home Point Capital raised $500 million in a debt offering earlier this month, returning half of the proceeds to original investors and shareholders affiliated with its private equity backers. Tune in February 2nd to experience demos from the most innovative loan origination and valuation tech companies.

Retail 534

Retail Lending Valuation Mortgage 534

Housing Wire

AUGUST 10, 2021

Fintech lender Figure Technologies is going full force in to the mortgage lending – and now servicing – blockchain revolution. Investors and affiliates of the round, including Apollo Global Management, Inc., billion valuation. Blockchain.com and Rockaway Blockchain among others helped boost Figure to an approximate $3.2

Mortgage 397

Mortgage Technology Investors Lending 397

Housing Wire

MAY 17, 2022

Founded in 2000, Irvine, California-based Inco-Check leverages its proprietary web-based platform to support GSE, regulatory agency, and investor requirements. With NGC’s acquisition of Inco-Check, the company aims to enhance loan quality and prevent fraud in a competitive mortgage and consumer lending market, Inco-Check said.

Logistics 370

Logistics Investors Legal Valuation 370

Housing Wire

JANUARY 31, 2021

Clear Capital’s suite of field valuations, real estate analytics, and platform technology solutions help servicers prevent fraud, check the accuracy of completed appraisals and broker price opinions (BPOs), conduct portfolio valuation analysis and updates, and help with disposition analysis on distressed loans.

Valuation 362

Valuation Technology Real Estate Development 362

Appraisal Buzz

NOVEMBER 3, 2021

Joan Trice, Founder and President of the CRN states, “gross living area (GLA) is one of the most important inputs in a valuation report. The CRN Standards Committee, chaired by Elizabeth Green, Chief Product Solutions and Data Officer for LoanLogics, is working to provide a resource to the residential mortgage lending industry.

Valuation 370

Valuation Development Technology Appraisal 370

Housing Wire

OCTOBER 6, 2020

Purveyors of very complex financial instruments, sold to risk-averse investors under the careful oversight of government regulators, have given us a process that must conform to investor and regulatory compliance requirements. Lending technology out of focus. We have fared much better on the automation side.

Technology 476

Technology Mortgage Investors Investing 476

Housing Wire

NOVEMBER 5, 2021

Underwriters rely on appraisal and valuation professionals. And servicers and investors depend on originators to produce high-quality mortgage loans and securities. Break Out: The Future of Valuations. The biggest missed opportunity in mortgage lending. Real estate agents partner with lenders. Sponsored by: Watch Now.

Real Estate 396

Real Estate Valuation Real Estate Agent Development 396

Appraisal Buzz

JANUARY 10, 2022

Here’s a brief look at valuation risk through the eyes of a lender or an Appraisal Management Company. It’s a standard investors require all parties to meet. It’s important for lenders to know how a particular piece of real estate both fits into its marketplace and about any risk it presents to lenders or investors.

Appraisal 374

Appraisal Valuation Real Estate Investors 374

Housing Wire

JUNE 2, 2022

The question was on the minds of many at the Waldorf Astoria in Dana Point, California on Thursday – will non-qualified mortgage products become more commoditized as the rising rate environment wallops agency lending? It’s not subprime lending. It [non-QM loans] is a manual underwrite,” Robert Senko, president at ACC Mortgage , said.

Lending 397

Lending Investors Mortgage Technology 397

Housing Wire

DECEMBER 7, 2023

Watch Now The challenge and power of updating your brand Speaker: WeiLing Jang, Chief Marketing Officer, CoreLogic.

Modernization 435

Modernization Retail Valuation Insurance 435

Housing Wire

DECEMBER 13, 2024

Planet Financial Group , the parent company of Planet Home Lending , completed the issuance of $475 million in senior unsecured notes this week, the latest mortgage company to raise debt in an oversubscribed transaction. The offering, priced at 6.625% with senior notes maturing in 2030, was aimed at qualified investors.

Retail 360

Retail Loan Officers Investors Lending 360